Farringford Foundation and its predecessor Farringford N.V.

analysisGLEIF records Farringford Foundation (LEI 213800Z5SG67869MF746) as an active Panamanian private foundation, registration number 25040243, with its legal address care of the law firm Arias, Fabrega & Fabrega in Panama City and a creation date of 20 September 2024; it declares reporting exceptions for its own parents. That date does not match the 2022 annual report, which already names the foundation as ultimate controller, or a Panamanian aggregator's 'about seven years' since incorporation, and the record does not explain the difference. The aggregator keeps the council, founder and protector behind a paywall. ^{1 2}

analysisThe group's March 2026 half-year report states that the foundation has decisive voting power over Trafigura Control Holdings Pte. Ltd., the ultimate parent, without exposure or rights to variable returns. According to the Bulgarian regulator's 2024 report, Trafigura Control Holdings holds 99% of the voting rights in Trafigura Beheer B.V. and is owned by the foundation. Citing the group's application, the report describes the foundation as having no shareholders and being controlled by its council, Jeremy Weir, Pierre Lorinet, Andrew Vickerman and Mark Irwin, and concludes that it exercises indirect control over TPTE's subsidiary Trafigura Nat Gas Limited; the record has no later statement of the council's members. ^{1 2}

analysisThe same four people appear as declared beneficial owners in a subsidiary's register: the Bulgarian commercial register, as shown by aggregators, recorded Irwin, Lorinet, Weir and Vickerman as beneficial owners of Trafigura Bulgaria EOOD from 16 October 2023 until all four were removed on 4 September 2025, and Lorinet, Irwin, Richard Holtum and Weir from 26 January 2026. Such entries are declarations to the register and do not show the basis of control. ^{3 4}

analysisIn a transparency notification filed with Nyrstar for a threshold crossed on 27 December 2018, during a restructuring of the group, Farringford N.V. of Curaçao was stated to remain the ultimate controlling company of the group, and the notification added that after the death of Claude Dauphin in 2015 no person controls it. The attached chain ran from Farringford N.V. through Farringford Malta Limited, Beheer Malta Limited, Trafigura Control Holdings S.A.R.L. of Luxembourg, Trafigura Control Holdings Pte. Ltd., Trafigura Beheer B.V., Trafigura Group, Trafigura Holdings Pte. Ltd., Cortes Investments and Trafigura B.V. of Luxembourg to Urion Holdings (Malta). The record does not date the end of Farringford N.V.'s control. ¹

analysisGLEIF records Farringford N.V. (LEI 549300NLDV8DQ5WTJ223, registration 61251) as an active Curaçao company created on 24 September 1992 at Pareraweg 45, Willemstad, whose LEI lapsed in October 2022; according to an aggregator's summary of GLEIF events, it ceased to be recorded as ultimate parent of Trafigura Asia Trading on 5 February 2022 and of Beheer Malta on 31 July 2023. Malta registry data republished in a journalists' offshore-records database list Mark Irwin as director, secretary and shareholder of Farringford Malta and Beheer Malta, and a market-data aggregator describes him as managing director of Farringford N.V., a role not confirmed by a register extract in the record. ^{2 3 4 5}